If this too proves impossible, proceed to a break, declaring at the same time with definiteness that we are prepared to recognize private debts, but, unwilling to play hide-and-seek, we point out that we consider them covered, like our entire sum of obligations generally, by our counter-claims. We do not admit a super-arbiter between us and all the bourgeois countries, for the dispute concerns two systems of property.

If we must break, it is necessary to set forth as clearly as possible the fundamental and sole reason for the break: the greed of a handful of private capitalists, Urquhart, and the like, whom governments serve.

Furthermore, as an extreme concession to these capitalists, offer: their preferential right to concessions (that is, if we grant their former holdings, in whole or in part, as a concession to X on such-and-such conditions, then on these same conditions we undertake to grant them to the former owner).